wabmester
Thinks s/he gets paid by the post
- Joined
- Dec 6, 2003
- Messages
- 4,459
I think we beat bonds to death in another thread, but how about stocks? I don't like investing in things I don't understand. And towards the end of 1999, I decided that I really didn't understand the way stocks were behaving, so I pulled out and vowed that I wouldn't get back into the stock market until I better understood what stocks were all about.
I've got to admit, I'm still baffled, but I've got a slightly better handle than I used to. I think.
Anyway, let's talk basics. Forget about three factors (or is it four with momentum?), P/E, and all that. We all know that stocks go up most of the time (2/3?), and that the long-term trend is up (in most places). So, here's a simple question that you may or may not have pondered:
Why do stocks go up?
I've got to admit, I'm still baffled, but I've got a slightly better handle than I used to. I think.
Anyway, let's talk basics. Forget about three factors (or is it four with momentum?), P/E, and all that. We all know that stocks go up most of the time (2/3?), and that the long-term trend is up (in most places). So, here's a simple question that you may or may not have pondered:
Why do stocks go up?